Tag Archives: Euro
A.M. Look 7/11/12
Welcome to the Mid-Week Shuffle… Oil…83.00 +- 10 ticks is a key Fib level which we failed to reach yesterday. The oil never acted as bad as the Equity indices yesterday. 85.20 ish looks to be the top of value … Continue reading
A.M. Look 7/10/12
Spu’s…1338…1357…1381…Pick a # and pick a side. Oil… is setting up to break this range. This will be a price action trade based off the Risk paradigm of the entire mkt. General Comments… Trade what you see. Model Trading Portfolio … Continue reading
A.M. Look 7/9/12
Gold…is in an 80 dollar range. Traders of this metal should be aware of the Eur/Gold spread. EURO…The Fibs on the Point & Figure chart are for the life of EUR/USD, not the extrapolated old D-Mark. 30 yr. Bonds…Friday saw … Continue reading
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In case you just woke up,the Euro is running the board. The next set of monthly stops are under 123.65
A.M. Look 6/29/12
DE…a close over 78 puts in an ORH week CVX…104.65 for an ORH week Oil… 80.80-95 is resistance with buy stops above, with 82 ish being the next closing hurdle. Euro..126.20-30 is pivotal. CAD/JPY…put in a double bottom @ 76.60. … Continue reading
A.M. Look 6/25/12
Oil …sustained price action over 81 is needs for a meaningful rally. USD/JPY…has a weekly double bottom in @ 80.63. App ( 12409-16 Futures)….Point & Figure support is app 79.62 USD/JPY ( 125.73 Resistance Futures) EUR/USD….is into Point & Figure … Continue reading
A.M. Look 6/18/12
Currency Futures expiration @ 9:15 CDT….Canada Tuesday ….Bond Futures Wed. Spu’s…1349-52 is Fib resistance and a possible weekly double top area. 1333 is the pivot. Nasd…2571 is a fib match with the 100 day mvg avg. 2610 is the 50 … Continue reading
A.M. Look 6/15/12….W/ JJG & USD/JPY Trade Alert!
We were stopped out of our remaining SDS per the intra-day instructions yesterday. Spu’s..1333…Nasd.. 2540…will act as macro pivots going forward…Need a definition? Click on the glossary! Let’s take this one step further for you situational traders. Yesterday’s lows were … Continue reading
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From a technical perspective the Italian Bonds have completed this swing down. This can be a good indicator for Euro bias….”Risk On” A bounce in the Bonds can have a positive effect on the Euro The rest of the day … Continue reading